t;socdem" hoard that THEY HAVE NO MANDATE TO CONTINUE THEM?
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
(604) 669-3286
^^^
The TimeWork Web:
"baby boom retirement savings bulge" how does much-hyped Prudential
technical analyst Acompora get away with saying the above? I always thought
ideology was supposed to contain at least a grain of truth.
Regards,
Tom Walker
^^^
Valis tricked or treated,
Great rap, Tom, but you'd have to swallow a python and barf tofu patties . . .
Bring on the pythons, Val, I feel a wave of nausea sprouting.
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C
months, after
which the renewed distress in the markets will be less catastrophic than
some expect but more sustained than anything that's ever happened before.
Instead of the spectacle of a bubble bursting, I would listen for the sound
of someone sitting on a extremely large and seemingly inexhaustible
Doug Henwood wrote,
And what if they're right, Tom?
Right about what, Doug?
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
(604) 669-3286
ia and South
America, threatening the North American economy, the G 7 seemed unable to
provide visible leadership capable of calming markets. As one G-7 official
put it: "Golfing season is over and the G 7 ministers and central bankers
want everyone to know they're back in the saddle."
but the economy will."
October 29, 1998
ECONOMIC SCENE
An Expensive Fix That Won't Cure Brazil
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTE
, operators, and development technocrats. And the conception is akin
to the World Bank's, whose webpage now sports a "world without poverty"
doo-dad. I thik we need to stop talkling about it all together here. Ivian
Illich's _Invention of Poverty_ is light in t
623.2
6240.4 366.5 271.5296.2 232.6 155.7 133.5 1696.4
key:
1 Corporate equities
2 Mutual fund shares
3 Private insured pension reserves
4 Private noninsured pension reserves
5 Govt. insurance and pension reserves
6 Personal Saving
Regards,
I should clarify that when I said,
remarkable coincidence that the seven year total for personal savings,
$1.696 trillion dollars, almost precisely the $1.695 seven year total for
I of course meant "almost precisely the same as the $1.695 trillion total."
Regards,
es on assumptions about growth in a hypothetically exogenous economy.
If that economy was really all that exogenous, the market mavens wouldn't be
drooling so conspicuously over the prospects of a social security injection.
And, presumably, if Oroboros had something else to eat, it wouldn't
as Michel Camdessus tames the Asian tigers in ring number one!"
The amazing thing about this three ring circus is that the events in any one
particular ring go on unaffected by the events in the two other rings.
Sure. Get me some peanuts, Max. I've gotta to go feed the elephant in the
bac
thus sowing confusion amongst the proletariat.
'91 '92 '93 '94 '95 '96 '97
NIPA concept, FOF data 5.5 8.0 5.7 5.9 4.4 2.8 2.3
NIPA measure 5.6 5.7 4.4 3.5 3.4 2.9 2.1
Difference -0.1 2.2 1.3 2.4 1.0 -0.0
Max Sawicky wrote,
I do not smoke cigars,
and I am not a crook.
Yes, Max, but have you ever inhaled?
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
(604) 669-3286
the Federal Reserve translates into the immaculate conception of
exchange rate differentials.
On a flat earth, we might find that if weak yen is bad, then strong yen is
good. In a round one, the sheer volatility, not its direction, is the curse.
Regards,
Tom Walker
On the other hand, it is said that Nobel adamantly opposed having a Prize
for mathematicians because a mathematician slept with his wife.
"His" presumably refers to Alfred and not the mathematician.
Regards,
Tom Walker
^^^
an episode where the Fed shovels
buckets of under-the-table bailout dough into the gaping maws of hedgy banks
on the pretext that it is trying to avert a recession?
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL
n its fury
and those who once were call 'Americans'
are now merely tourists
at or around
empty sites of peace
while those who are called 'the Americans'
give dictation to the world."
From 'Bread and Wine'
Charles Watts (1947-1998)
Regards,
Please come read and rate (on a scale from 0-10) my scheme to reward years
of service with more free time, judged one of the "world's best ideas" for
1998 by the Institute for Social Inventions.
http://www.globalideasbank.org/wbi/WBI-43.HTML
Regards,
if not, why wouldn't the objections raised apply equally to Yin Kaizen?
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
(604) 669-3286
^^^
Th
y he was
too busy fighting a war to bother with such things.
It's only a theory.
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
(604) 669-3286
^^^
The TimeWork Web: http://www.vcn.bc.ca/timework/
to Tantalus, to read "tantalizing" as
something other than a verdict that the desired object is just out of reach.
Literally, the quote from the Washington Post says exactly the opposite of
"the worst is over."
Regards,
Tom Walker
rief article in a trade (not an academic) journal?
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
(604) 669-3286
^^^
The TimeWork Web: http://www.vcn.bc.ca/timework/
controls" a non sequitur? And wouldn't "one percent" unemployment be,
effectively, _negative_ unemployment?
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
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^^
or two.
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
(604) 669-3286
^^^
The TimeWork Web: http://www.vcn.bc.ca/timework/
yone have a reasonable argument
against abolishing DST?
Take comfort, Jim, in the fact that a stopped clock will STILL be right
twice a day even after we have switched back from daylight savings time.
Regards,
Tom Walker
^^^
#408 1035 Pacifi
quack", for example when I'm walking along the path by the lagoon I make
conversation with the certified ducks there. But I am not a duck.
I've gotta break this off now, Jim, my eggs are getting cold.
Regards,
Tom Walker
^^^
#408 103
hat much "marxian
economic analysis" is afraid to be (that fear may be justified).
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
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^^^
The TimeWork Web: http://www.vcn.bc.ca/timework/
in the most pejorative sense of the
word, "academic".
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
(604) 669-3286
^^^
The TimeWork Web: http://www.vcn.bc.ca/timework/
ts. Researchers hope to begin a random control clinical trial with
human subjects later this fall.
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTE
your cake OR you may eat it. You may not have your cake
and eat it too.
Or should we just give these cult guys a free ride and talk about OUR OWN
concepts?
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL
g qualitative change in the labour process?
If not, why not?
And if not, why wouldn't the objections raised apply equally to Yin Kaizen?
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTE
d playing cello in
the evening.
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
(604) 669-3286
^^^
The TimeWork Web: http://www.vcn.bc.ca/timework/
ptom while nurturing the disease.
"You can't see the class struggle.
It is an *interpretaton* of events."
-- Kenneth Burke, Attitudes Toward History
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTE
y the
authorities will find a loophole. Isn't that their job?
It is also the Europeanness of the arrest that makes it so grand. If
Pinochet had been arrested in Michigan on a warrant from some rogue judge,
so what? But to be arrested (and held!)in London, of all places. London!
Much worse, much, much wor
plications? A global "bank holiday" for the securities markets
while regulators wearing asbestos suits and brandishing fireman's axes prune
the hedges mercilessly.
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4
The Nobel Pies?
Nobel Laureate Economist Milton Friedman Gets Pie In the Face At Corporate
Conference
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
(604) 669-3286
.
When a Canadian finance minister has an important announcement to make, he
flies to New York to make it. That might give a good indication of what the
decisive element is in the Canadian flow of funds.
Regards,
Tom Walker
^^^
#408 1035
-97) were:
pension funds $258 billion (sum of private state local govt.)
insurance cos. $245 billion
rest of world $108 billion
corporations* $234 billion
* (reversing the sign of "net new equity issues", which was -$234 billion)
Regards,
$1.15 trillion dollars worth of equities between 1992 and 1997. Nor
did they replace them dollar for dollar with mutual funds. Households
acquired $900 billion in the same period.
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C
.8 173.7 263.9 266.7
consumer credit -10.73.960.7 124.9 138.988.8 52.5
subtotal 161 171.8 216.2 302.7 312.6 352.7 319.2
tot.liabilities 193.4 166246.9 334.6 412.5461473.6
Regards,
will eagerly clamber on board. Tell that to the oysters, my dear Walrus.
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
(604) 669-3286
My last message argued that the metaphor of
the bubble is inapplicable precisely because of its autonomy from subjective
time preference for money and risk aversion.
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
ver at Henwood's, I won't go into
detail. The "harmonious reproduction" line is tempting but I'll keep my
accordian in my pocket for the time being.
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancou
Sixth Edition, 1992
I hope I haven't perturbed your armillaries too much. I see your point about
being indivisibible. Who would want to be a Half Vast Active Living
Intelligence System (HVALIS)?
Regards,
Tom Walker
the
financial speculators. Have we heard the last word?
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
(604) 669-3286
^^^
The TimeWork Web: http://www.vcn.bc.ca/timework/
at for a "total disaster scenario", Doug?
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
(604) 669-3286
^^^
The TimeWork Web: http://www.vcn.bc.ca/timework/
In September, U.S. personal spending exceeded disposable income by 0.2%.
This was the first negative personal savings rate recorded since monthly
records commenced in 1959.
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C
there such a thing as a
turkey market? Greenspan must be steamed.
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
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^^^
The Time
Rover market
will stabilize.
Gene,
The wild card in this is the price of oil. If Asia recovers and oil goes up
the bottom could fall out of the Rovers -- especially if they hit a 'bump on
the road'.
Regards,
Tom Walker
^^^
#408 1035
they are relied upon for decision
making, the less they reflect any "underlying reality" or "intrinsic value"
and the more they simply chase their own tail. The Dow Jones Industrial
Average is not the Alpha and Omega of this algorithmic riddle, it's simpl
ably, last week's rate
cut should have already been discounted and the momentum is sheer cartoon
fantasy. Any takers for a big bump Thursday Friday, maybe -500 or -600
points on the Dow?
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver
as you don't mind a five day turnaround.
And risk getting in Louis's line of fire? No way!
Max has already confessed to be Louis, so you have nothing to worry about
personnally. Just keep Papandreou inside when the Ebola hits the fan.
Regards,
Tom Walker
URL: http://www.csd.uu.se/~talman/enjoyment/index.shtml.
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
(604) 669-3286
^^^
The TimeWork
Valis wrote,
Mike, Dennis, Max: all of you are reacting to hearsay. No one has
actually read the Fraser article in Dissent (if I haven't misperceived);
Here's the URL for the article:
http://www.igc.org/dissent/archive/summer98/fraser.html
Regards,
Tom Walker
t issue | archive | order back issues | subscribe | feedback
-------
[Image]
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
(604) 669-3286
^^
.
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
(604) 669-3286
^^^
The TimeWork Web: http://www.vcn.bc.ca/timework/
Then the total labour cost with 90 employed workers and 1% unemployed is
That should have read 10 unemployed.
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
(604) 669-3286
panies and negotiate a new, free time deal with employees. Labour unions
should demand the right for their members to choose whether they want more
income or more free time.
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E
.
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
(604) 669-3286
^^^
The TimeWork Web: http://www.vcn.bc.ca/timework/
- forwarded message -
From: Tom Walker
I'd like to raise three point with regard to Dr. David Chapman's proposal
for a work-spreading tax and then elaborate on a proposal of my own.
First, I agree with Dr. Chapman that the progressive income tax contains
, a service of Nexus. http://www.netnexus.org/
Hosting and email provided by new media consultants On-Line Publishing
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
(604) 669-3286
~~~
-
Posted to uk-policy, a service of Nexus. http://www.netnexus.org/
Hosting and email provided by new media consultants On-Line Publishing
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver
new media consultants On-Line Publishing
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
(604) 669-3286
^^^
The TimeWork Web: http://www.vcn.bc.ca/timework/
syndicats nationaux
1601 De Lorimier
Montréal (Québec)
514-529-4995
[EMAIL PROTECTED]
--- end forwarded message ---
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
(604
r-Democracy!
* Come to the Federal Wide Demonstration on June 20th in Berlin!
The web site for the demonstration (in German):
DGB Erfurt, http://www.dgb-bwt.com/erfurt
Report by Dave Hollis for
LabourNet Germany,
URL: http://www.labournet.org.uk/germany/
- end forwarded message ---
Simon Fraser Universtiy
Centre for Labour Studies
Presents:
BARGAINING FOR BETTER TIMES
A seminar by Tom Walker
Shorter Work Time Network (Vancouver chapter)
Tuesday, June 23, 1998
7:00 pm - 9:00 pm
Simon Fraser University
Harbour Centre Campus Room #1410
515 West Hastings Street
Vancouver
---
mon.co.uk/index.html
-
Posted to uk-policy, a service of Nexus. http://www.netnexus.org/
Hosting and email provided by new media consultants On-Line Publishing
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL
forwarded message ---
From: Tom Walker
I agree with Gavin Cameron's point that the nominal incidence of a tax is
not the same as its economic incidence. That is the argument underlying my
proposal to arbitrage free time.
http://www.vcn.bc.ca/timework
Publishing
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
(604) 669-3286
^^^
The TimeWork Web: http://www.vcn.bc.ca/timework/
On-Line Publishing
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
(604) 669-3286
^^^
The TimeWork Web: http://www.vcn.bc.ca/timework/
e a
sharp inflationary shock and a jump in unemployment. A more likely scenario
is that U.S. officials and the IMF will continue their sanctimonious
preaching to the Russians and Japanese (soon to be joined by Latin
Americans) about the virtues of m
from the country and those responsible for the
destiny of the country," Camdessus said.
Chernomyrdin must make a "clear choice", he said, adding that
the IMF would not support a "mix" of economic policies.
--
Regards,
Tom Walke
like so much antiquarian hair splitting unless one
realizes that the time when these scribblings were jotted down was one of
tremendous upsurge of the labour movement precisely around the issue of the
shortening of the hours of work.
Michael Perelman wrote:
Tom Walker wrote:
Perhaps someo
rgument leading from
the market to the gas chamber, but a soppy mush of sycophantic string music
that acts as recorded background for the arbitrary and seemingly
uncontestable exercise of power.
Tom Walker
http://www.vcn.bc.ca/timework/
Essay question: Compare and contrast Thomas Mann's Joseph and his Brothers
and Alfred Marshall's Principles of Economics. Extra credit: use the words
'elide' and 'palimpsest' in your essay.
Tom Walker
http://www.vcn.bc.ca/timework/
son, Milton, became an advisor to Pharoah
and taught him how he could turn all the fat cows over to his friends at the
banks and the arms industry and leave only the anorexic cows behind to
trickle down to the working people.
Tom Walker
http://www.vcn.bc.ca/timework/
e scraping the ground with a short hoe.
Tom Walker
http://www.vcn.bc.ca/timework/
Max Sawicky wrote,
If Clinton was so vital to the Republican
cause, they wouldn't be about to impeach him.
I thought they wanted to "put that behind them" as quickly as possible.
Tom Walker
http://www.vcn.bc.ca/timework/
PFIZER HIRES BOB DOLE FOR TV AD CAMPAIGN ABOUT IMPOTENCE, TO HELP IMPROVE
VIAGRA SALES
Tom Walker
http://www.vcn.bc.ca/timework/
a democracy. It can only threaten a facade of democracy.
Hooray for Jack Straw!
Tom Walker
http://www.vcn.bc.ca/timework/
running $10 billion annual surpluses while over 60% of the
officially unemployed are disentitled from EI benefits. Nice racket.
Tom Walker
http://www.vcn.bc.ca/timework/
proclaimed a plan to immediately
abolish progressive income taxation and replace it with a poll tax, he
wouldn't have gotten anywhere. Go slowly and call the poll tax "true
insurance principals" and you can boil the poor working frogs to a soupy pulp.
Tom Walker
http://www.vcn.bc.ca/timework/
or
tax cuts, but on real stuff that we need. Imagine what we could do. $100b
to train doctors! $100b to build schools, housing, parks, to clean the
environment, to feed our children! Our money. Spent on our behalf, for
our future. Imagine that.
Tom Walker
http://www.vcn.bc.ca/timework/
he land its rest every seven years and the
Jubilee cancellation of debts -- appears to be a dialectical answer to the
dilemma of compulsive accumulation and the fetishization that the hoard
invites, the fetish that the inanimate hoard itself, not human activity, is
the source of value.
Tom Walker
http://www.vcn.bc.ca/timework/
hat all my Profit may come from the Last Hour.
Tom Walker
http://www.vcn.bc.ca/timework/
ity that they desire the
income and security. They desire it "in a panic" because they see others
desiring it desperately and, not wanting to be left out of a stampede . . .
"Give me more."
"Why?"
"Because THEY desire it."
Tom Walker
http://www.vcn.bc.ca/timework/
mic behaviour" you're talking
about and the alienation of senuous human activity that I'm concerned with.
Tom Walker
http://www.vcn.bc.ca/timework/
ONEY man, his portfolio is his penis.
Under that spell, a decline in the stock market is not a rational game of
relative percentages, it is a do or die question of erection or dysfunction.
I understand that rumours of an impending merger between the U.S. Federal
Reserve and Pfizer, Inc. have been dismissed
king about is not _really_ capitalism but a kind of a state
centralized _simulation_ of capitalism. Like Disneyland's Main Street, it's
been designed to look more 'authentic' than the real thing (until you go
back stage where they do the security and accounting).
Regards,
every 50 years, or
600-1 odds in any particular month).
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
(604) 669-3286
^^^
The TimeWork Web: http
and stagnation periods.)
Jim: can/do you elaborate on this in terms of the non-synchronous
development of the forces of production and the relations of production?
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL
inflows from 1992 to 1994
were nil or negligible, only that the source gave figures only for 1995 to 1997.
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
(604) 669-3286
ine 2 as a % of line 5 17% 16%15%
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
(604) 669-3286
^^^
The TimeWork Web: http://www.vcn.bc.ca/timework/
ocating crisis.
Also, it's worth noting that this crisis is thoroughly and unquestionably
made in the USA. The so-called enduring "strength" of the U.S. economy
reflects the unexceptional fact that the periphery is always the first to
feel the
. Don't you think?
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
(604) 669-3286
^^^
The TimeWork Web: http://www.vcn.bc.ca/timework/
preference is for getting inside the
poetics of the myth and producing emancipatory versions -- stretching the
myth. By the way, this is what I would claim Herman Melville did and what
Thomas Paine did, to cite just two examples.
Meanwhile,
that ended in
September, producing the first year-to-year drop since the nation was
clawing its way out of the recession in 1991.
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
(604) 669-3286
was on a Mann binge back in 1976 but got
bogged down on the Magic Mountain.
Regards,
Tom Walker
^^^
#408 1035 Pacific St.
Vancouver, B.C.
V6E 4G7
[EMAIL PROTECTED]
(604) 669-3286
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